Currency converter
USD to INR
USD to INR: US Dollar to Indian Rupee Converter
Indicative mid-market rate. The rate applied to your payment is confirmed on your FIRA.
Rates shown are indicative and for information only. The final amount received may vary.
Common USD and INR amounts
Indicative amounts at the current mid-market rate, before fees. Click any amount to load it into the converter.
Why exporters receive USD with PayGlocal
The same $1,000 invoice, two very different amounts in your bank.
Typical bank wire
Bank TT buying rate with an FX markup
Inward wire fees plus correspondent deductions
2 to 4 working days, often longer
FIRC on request, chased manually
PayGlocal
Mid-market rate, no FX markup
0.25% all-in above $7,500, nothing deducted midway
INR in your bank within 24 hours
FIRA on every payment, eBRC support
USD to INR for Indian exporters, agencies and freelancers
The US dollar is the currency most Indian businesses invoice in, whether the client sits in New York, Berlin or Dubai. That makes the USD to INR rate the single number that decides what an export invoice is really worth in rupees. The mid-market rate is the benchmark; what you actually receive depends on who converts your dollars and the fees they add.
Receiving US dollars in India: what to know
Who pays you in USD
US clients, and most international clients outside the US too, since USD is the default for software, services and marketplace payouts.
How the money reaches India
A local ACH transfer into a USD collection account, a SWIFT wire, or a card payment via a gateway. Local transfers avoid correspondent deductions.
Purpose codes you need
P0802 for software services, P1006 for consultancy, P0103 for advance payments against goods exports.
Paperwork and settlement
A FIRA for every payment, eBRC on DGFT for export incentives, and EDPMS closure for goods exports.
Convert other currencies to INR
Guides and tools
Learn how businesses go global with PayGlocal
USD to INR: frequently asked questions.
The live mid-market rate at the top of this page updates through the day. That is the interbank reference rate, not an offer. What you actually receive depends on your provider's FX markup and fees.
Google shows the mid-market rate. Banks convert inward remittances at their TT buying rate, which includes an FX markup, and correspondent banks may deduct charges along the way. PayGlocal converts at the mid-market rate with one fee shown upfront.
A local US transfer (ACH) into a USD collection account avoids correspondent banks and is usually the fastest route. With PayGlocal, INR settles within 24 hours of funds arriving.
P0802 is used for software services. P1006 applies to consultancy and P0103 to advance payments against goods exports.
Export of services is treated as a zero-rated supply under GST, so it can be made without paying IGST under a Letter of Undertaking (LUT), provided the export conditions are met.